Q1 2025 Bajaj Finance Ltd Earnings Call Transcript

Jul 23, 2024 / 01:00PM GMT

Release Date Price: ₹673.22 (-2.18%)

Transcript

Key Points

Positve

Bajaj Finance Ltd (BOM:500034) reported a 31% year-on-year growth in Assets Under Management (AUM).
The company added 4.47 million new customers in Q1 FY25, expanding its customer base significantly.
The Bajaj Finserv app now has nearly 57 million customers, indicating strong digital engagement.
Liquidity profile remained robust with INR16,235 crores in liquidity buffer.
The company saw a 26% growth in its deposit book, reaching just below INR63,000 crores.

Negative

Loan losses for the quarter were elevated, with gross loan losses and provisions at INR1,790 crores.
Net NPA increased to 38 basis points, indicating some deterioration in asset quality.
Collection efficiency was muted across portfolios, contributing to higher stage 2 assets.
Cost of funds increased by 8 basis points sequentially, impacting net interest margins (NIM).
Credit cost projections for FY25 have an upward bias, indicating potential future challenges.

Operator

Ladies and gentlemen, good evening, and welcome to Bajaj Finance Limited Q1 FY25 earnings call hosted by Morgan Stanley. This event is not for members of the press. If you are a member of the press, please disconnect and reach out separately. For important disclosures, please see the Morgan Stanley disclosure website at www.morganstanley.com/researchdisclosures.

Please note that this call and your questions will be recorded and may in certain circumstances be distributed to clients and or made publicly available. By participating in this event, your consent to such recording, distribution, and publication. (Operator Instructions)

I now hand the conference over to Mr. Subramanian Iyer from Morgan Stanley. Thank you, and over to you, sir.

Subramanian Iyer

Morgan Stanley - Analyst

Thank you, Elliot. Hello, everyone, this is Subramanian Iyer from Morgan Stanley. Thank you very much for joining us for the Bajaj Finance Q1 FY25 earnings call. To discuss the

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.